4iG Group reports record revenue and profit for H1 2026

The 4iG Group reported record financial results for the first half of 2026, driven by completed acquisitions and a transformation process. The group's consolidated net revenue rose 16.7 percent to 409.4 billion forints.

EBITDA grew by 3.1 percent to 126.3 billion forints, resulting in an EBITDA margin of 30.9 percent. This margin decrease from 34.9 percent the previous year is attributed to the integration of defense industry subsidiaries, which typically operate with lower margins.

The group's profit after tax reached 21.9 billion forints, a significant increase from the -1.15 billion forints reported in the first half of 2025. This turnaround was influenced by a 36.1 billion forint unrealized exchange rate gain, which offset a 10.1 billion forint impact from purchase price allocations related to subsidiary acquisitions.

4iG continued to reduce its debt, with the net debt/12-month EBITDA ratio falling to 3.7x. Cash reserves increased to 78.4 billion forints due to strict cash flow management. Scope Ratings maintained a stable BB- rating, noting adequate liquidity and no significant debt repayment pressure.

Furthermore, the group's financing has become more international. 4iG Space and Defense Zrt. successfully issued 176.6 million euros in bonds, and Abu Dhabi's sovereign wealth fund, Mubadala Investment Company, participated with a 50 million dollar convertible investment.